New York Markets After Hours

Pediatric slips after announcing public offering

BrendanJanuary

NEW YORK (CBS.MW) -- Shares of Pediatric Services of America
psai
slipped 6 percent to $12.90 after the Norcross, Ga. pediatric home health care service firm announced a follow-on public offering of 2.55 million shares. The company is selling 2.5 million of the shares while a selling stock holder is offering the remaining 50,000 shares. The deal includes an over-allotment option for the sale of an additional 382,500 shares.

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